etunity

3 ms·

1. 1.▲
   by etunity 9y ago

   New transactions are selected randomly to be verified. So in case the attackers transaction is still not confirmed there is a chance to outspend him by having the private keys. I find this useful in understanding the confirmation/conse
2. 2.▲
   by etunity 9y ago

   I am not sure about 8 times efficiency and 10% argument. The founder said that in his interview yesterday. https://m.youtube.com/watch?v=GwhJQ67zxbg I just found this article about ternary and as you said storage needs to
3. 3.▲
   by etunity 9y ago

   For the double spend to occur, you would need access to the seed ( private key) which the victims had and are trying to outrun the attacker in the case you were describing.
4. 4.▲
   by etunity 9y ago

   Their argument for using ternary is that it is 8 times more efficient than binary and it is very important for iot devices which need to be have low energy consumption and a long life. Whereas the conversation from ternary to binary would a
5. 5.▲
   by etunity 9y ago

   Just to be clear, for the vulnerabilities DCI found to be exploited, the victim has to practically give away their private key at which point the descibed attack is moot. IOTAs developer CFB has used this kind of copy protection for hen he